22 February 2012 14:32 [Source: ICIS news]
(Recasts, amending intro and second paragraph)
LONDON (ICIS)--AkzoNobel has been granted planning permission to build a £100m ($159m, €119m) manufacturing facility in the northeast of England, the Netherlands-based paints and coatings producer said on Wednesday.
The facility, to be based in Ashington, Northumberland, will treble AkzoNobel’s current manufacturing capacity in the northeast and will produce decorative paints.
AkzoNobel first announced the plan to build a new facility in July last year. The company received planning permission from Northumberland County Council on Tuesday, it added.
“Receiving planning permission is another step along our timeline towards 2014, allowing us to start building on this new world-class facility. This investment highlights the importance of the northeast to AkzoNobel’s operations, placing the region at the heart of our ?xml:namespace>
AkzoNobel said it plans to close its existing site in Prudhoe in northeast England and its manufacturing operations in Slough, west of
The Ashington facility will take on 140 employees, with many jobs expected to be filled by those willing to relocate from Slough and Prudhoe.
However, with a total of 210 employees at the the two sites, 70 jobs could be lost.
AkzoNobel said it is committed to ensuring appropriate support and development is in place for employees at the current decorative paints factories who wish to move to the new site.
The announcement follows a series of investments in the company’s fire protection facility and research facilities at its Felling site in Tyne and Wear, also in the northeast of England.
($1 = £0.63, €1 = £0.84)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections